FY2025 EPS Estimates for Teck Resources Lowered by Analyst

Teck Resources Ltd. (TSE:TCK) – Equities researchers at Stifel Canada lowered their FY2025 earnings per share estimates for Teck Resources in a research report issued on Wednesday, October 8th. Stifel Canada analyst R. Profiti now forecasts that the company will earn $2.00 per share for the year, down from their prior estimate of $2.09. Stifel Canada has a “Hold” rating on the stock. Stifel Canada also issued estimates for Teck Resources’ FY2027 earnings at $1.40 EPS.

Several other analysts have also issued reports on the company. Desjardins lowered Teck Resources from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 17th. Cibc World Mkts lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, July 25th. Canaccord Genuity Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday. B. Riley lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, July 28th. Finally, UBS Group raised Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Strong Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Teck Resources currently has a consensus rating of “Moderate Buy”.

Teck Resources Price Performance

About Teck Resources

Trillium Acquisition Corp is a capital pool company.